1. Pivot point that was protecting trend up is now broken (as per chart). Trend up has stopped and Ethereum moved in to a flat phase
2. As long as reference points are not broken (flat borders) - Ethereum will stay in a flat phase.
3. More details and complete explanation of these reference points in this video: youtube.com/watch?v=4DfihDW9b1E
LTCUSD analysis based on Masterforex-V Technical analysis provided by RMPforex.com
- As long as the pivot point (see chart) is not broken - trend up will proceed.
- Once pivot point is broken - Litecoin will move in to a flat phase and the new reference points will be created.
- Green lines mean my tactical plan where I will be looking for some signals to open...
Is it to Late to buy Bitcoin ?
The bitcoin price is growing very fast. Everyone is talking about it. You haven't bough any bitcoins? You are wondering should you buy it now? Is it not to late to buy? Buying on all times high? Did you miss the boat? Will bitcoin keep growing or will it crash? Is it worth investing in to it now? Will bitcoin trend proceed up?...
1. Strategic Direction:
- To gain a better understanding of my strategic direction see this TradingVeiw Post:
- Weekly is in a Trend up phase (based on FZR of w1)
2. Tactics:
- We have FZR of h4 down . Trend phase of h4 will proceed until MF PIvot is broken (or other MF regularities appear)
- once the Pivot is broken I will start looking for some signals...
Note : switch the chart between h4, d1, w1 Time-frames to get the whole picture
1. Strategic Direction:
- Weekly is in a Trend up phase (based on FZR of w1)
- Daily is in a flat phase
2. Tactics:
- We have FZR of h4 down . That means - trend phase of h4 will proceed until MF PIvot is broken (or other MF regularities appear)
- once the Pivot is broken I...
